Can BRICS+ dethrone the US dollar? In conversation with geopolitics expert Nicolas Michelon
The January expansion of the BRICS bloc to include several key Middle Eastern nations was widely seen as a major geopolitical development that could reshape global power dynamics. Bringing Saudi Arabia, the UAE, Egypt, and others into the fold opened new possibilities for cooperation and trade outside the Western-led order. Key questions remain around whether efforts to introduce a shared trading currency will gain momentum and what effects this could have on the US dollar's dominance globally. It also remains to be seen how Saudi Arabia might leverage its new position within BRICS to advance…
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